Uzbekistan's imports rose by 17.8%, while exports fell by 3.6%: After the first seven months of 2026, the trade deficit stood at 9.7 billion U.S. dollars, more than double the amount from the previous year.
In August, Kyrgyzstan received 35,000 metric tons of crude oil via a new KazTransOil route—more than it received in all of 2025—in response to refinery outages in Russia and rising gasoline prices.
KazMunayGas issues Central Asia's largest yuan-denominated bond: 3.5 billion yuan, seven times oversubscribed, with a 10-year maturity for the first time.
Tajikistan will raise public sector salaries by up to 25 percent effective September 1; the minimum wage will increase by 30 percent to the equivalent of about $141 per month.
Afghanistan's Herat Province is set to receive its first shipment of Turkmen natural gas via the TAPI pipeline within two months, marking Turkmenistan's first new market in a decade and a half.
Uzbekistan's inflation rate has fallen to 6.4%; Central Bank Governor Ishmetov believes an interest rate cut is still possible in 2026; and Goldman Sachs and BlackRock are reportedly advising on how to invest the country's record reserves of $77.1 billion.
The Eurasian Development Bank has 114 transportation projects in Central Asia totaling $71.7 billion, with $32.3 billion of that amount accounted for by Kazakhstan alone.
Remittances to Uzbekistan rose by 13% to $9.3 billion in the first half of the year: Russia's share fell to 72.4%, while remittances from the United Kingdom increased by 62%.
Russia's fuel shipments to Kyrgyzstan are stalling: Bishkek is negotiating with Sinopec, and the first tanker trucks from China have already arrived in the country.
Tajikistan's industrial output plummeted by nearly 38% in the first half of 2026, while exports rose by 65.3% to $1.6 billion, driven by gold and minerals.
Kazakhstan has set a firm launch date for its $10 billion "Data Center Valley" project: In June 2027, the first 50-megawatt data center will go online in Ekibastus; once fully operational, 100,000 AI chips are expected to generate $3 billion in export revenue annually.
Türkmengaz and Afghan Gas Sign a Memorandum of Understanding on Gas Purchases — 123 kilometers of the TAPI pipeline route toward Herat have already been laid.
Central Asia Column “Steppe Ahead” Author: Thorsten Gutmann The arrest of Venezuelan President Nicolás Maduro is not merely a Latin American event. It serves as a geopolitical seismograph whose tremors extend far…